Inside Financial Markets

PAKISTAN AUGUST INFLATION EASES TO 6.99 PERCENT – STATS BUREAU – RTRS

PAKISTAN AUGUST  INFLATION EASES TO 6.99 PERCENT – STATS BUREAU – RTRS

ISLAMABAD, Sept 1 (Reuters) – Pakistan’s annual inflation rate eased to 6.99 percent in August from 7.88 percent in July, the Bureau of Statistics said on Monday.

Pakistan observed the Muslim holy month of Ramadan in July. Traditionally, prices increase during the month as traders cash in on families shopping for special food items and new clothes.

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)